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    1122 S Central Ave Laurel, DE 19956

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    For Sale
    $599,000

    3200 SF building suitable for office or retail use.

    Lot size:
    0.45 Acres

    Property Features for 1122 S Central Ave

    General Information

    Lot size
    0.45 Acres

    Building Details

    Year built
    1980

    Source: The Real Estate Market Agent BRIAN G SHANNON

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Building with Drive-Through

    This 3200 sq. ft. building offers multiple office spaces and potential for retail spaces. Formerly a local bank, the bank vault is still in place. The property features first and second-floor offices, conference rooms, two restrooms, a reception and waiting area, and a drive-through. The location fronts on a highly traveled north-south route (Alternate Route 13) between Seaford and Delmar on the west side of Sussex County. It is suitable for uses such as a used car lot, offices, retail, and many other potential businesses.
    Insight Report Location Intelligence

    Current Use by Public Records

    Coinhub Bitcoin ATM ... Atm Servicios Latinos Inc Tax Preparation Service Rite Aid Photo Photo Lab

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Sussex
    State
    Delaware
    Longitude
    -75.569904
    Latitude
    38.545717

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    FAQs

    What type of property is this?
    Office space - 3200 SF building suitable for office or retail use.
    Where is this office space located?
    The property is located at 1122 S Central Ave Laurel, DE.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - High-traffic location on Alternate Route 13 between Seaford and Delmar.; - Versatile 3200 sq. ft. building suitable for office, retail, or used car lot.; - Includes first and second-floor offices and conference rooms.
    (302) 745-0709
    Request Owner's contact information
    1122 S Central Ave Laurel, DE 19956
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    Laurel, DE 19956
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1122 S Central Ave Laurel, DE 19956
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